South Africa’s first cryptocurrency ATM, able to process Dash, Ethereum, Bitcoin and others, will open at Northwold Spar in Johannesburg by the end of the week. “It is all awfully exciting,” says George Neophytou, Northwold Spar general manager, who leads the project to install the ATM. Users will be able to buy cryptocurrencies at the ATM, and exchange Continue reading “South Africa Gets Its First Multi – Currency Crypto ATM”

China’s government has reportedly begun working on national standards for blockchain technology in the country.
In an interview with Chinese press agency Xinxua’s Economic Information Daily, an official from the Electronic Industry Standards Research Institute under China’s Ministry of Industry and Information Technology confirmed that the authority is working toward establishing national standards for blockchain tech. The standards will reportedly be developed for implementations of blockchain technology in multiple sectors encompassing various decentralized designs. Li Ming, who is the director of the Blockchain Research Office at the standards institute under the IT Ministry, also revealed that a broader national plan for blockchain standards is also underway with a number of relevant government departments working toward establishing a Continue reading “China To Establish National Blockchain Standards By 2019”

It is really interesting seeing the type of ideas people come up with.

As cryptocurrencies are edging towards mass adoption, the most prominent of them, bitcoin, has taken on many mediums of traditional fiat currencies – ATMs, debit cards, futures, etc. Another avenue for cryptocurrencies has just been opened by Singapore’s Tangem, who launched pilot sales of physical bitcoin banknotes.Available at 0.01 and 0.05 BTC denominations, the Tangem Notes will significantly improve the ease of using and acquiring

Venezuelan president Nicolás Maduro announced the launch of a Petro-funded crypto bank to support initiatives from youth and students, Latin American government-sponsored news outlet TeleSur reported yesterday, May 3.
During а speech for the Chamba Juvenil Plan, a social program that promotes jobs for youth, Maduro also noted the necessity of universities maintaining their own crypto mining farms to support the national economy.According to the The digital crypto bank Continue reading “President of Venezuela to Create Cryptocurrency Bank For Young Students”

Dubai, the desert city in the Middle Eastern country of the United Arab Emirates always believes in doing things differently. Dubai has happily turned to Blockchain technology in trying to encourage foreign investments and entrepreneurs.Dubai is seen to be going very aggressive on Blockchain technology with various government departments building up relationships with companies to pursue Blockchain. On Tuesday, May 1st the Department of Economic Development (DED) has unveiled a join Blockchain commitment alongside Dubai Silicon Oasis Authority which is called ‘Dubai Blockchain Business Registry.’This initiative is built with the help of Smart Dubai office and longtime technology partner of Dubai, IBM. It will help the overall ease of doing business in Dubai and the facilitation of foreign Continue reading “Dubai Will Be The First City in The World Powered by Blockchain”

Blockchain startup ‘Sun Exchange’ has partnered with the United Nations Development Programme (UNDP) on a pilot program that seeks to bring solar power to a university in Moldova.

The solar cells will be owned by people around the world and leased to the recipient university, which allows the school to save on the costs of building the equipment, according to a n update. Notably, the cells’ owners will be paid exclusively in cryptocurrency.